SN Gupta’s Law Relating to Guarantees is a complete treatise in all respects. It profoundly covers not only aspects of the law relating to guarantees but also forms, procedures and banking terms and their definitions. This Eighth Edition has been duly revised and updated by reviewing all the topics. All relevant case law of the Supreme Court and different High…
THIS EDITION, UNDER SECTIONS 133-135, TAKES INTO ACCOUNT THE CHANGES TO THE RIGHTS OF GUARANTORS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2015. THE SUPREME COURT HAS HELD THAT THE RESOLUTION PLAN UNDER SECTION 31 OF THE IBC APPROVED BY THE CREDITORS